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Two-Suite Office Building
New
For Sale
$2,900,000

1301 E Weatherford Street, Fort Worth, TX 76102

Remodeled office building with two separate suites, each offering reception, private offices, and conference or collaboration space.

Property Size9,834 SF
Days on Market6

Property Features for 1301 E Weatherford Street

General Information

Standard status Active
Size 9,834 SF
Property subtype Office

Building Details

Building Size 9,834 SF
Year Built 1965
Listing Agency: Williams Trew Real Estate
Listed By: Stephen Reich · License #0585089
Source: Nilesrealtygroup
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 3 at 11:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Williams Trew Real Estate

Investment Insights

Based on property information with market context.

This newly remodeled office building is set up as two separate suites, each with its own reception area, private offices, and dedicated conference and collaboration spaces. Due to the natural slope of the lot, both levels operate as ground level, providing convenient access from multiple sides. Ceiling heights reach 12 feet on the upper level and 10 feet on the lower level, supporting an open, modern feel.

The west suite includes a conference room with a built-in mini refrigerator, plus a full kitchen with a range and microwave that vents to the exterior. In addition to eight private offices, the west suite has a mail room and a dedicated server room. The east suite features nine private offices and a large open room on both levels, with a server closet and exposed ductwork for a contemporary, industrial-inspired presentation.

Built in 1965 and thoughtfully renovated with modern finishes and updated systems throughout, the property is designed for flexible professional use and can support owner-occupancy, multi-tenant occupancy, or investment scenarios.

Key Highlights

  • Two separate suites with dedicated reception areas, private offices, and conference or collaboration space
  • Both levels function as ground level due to the natural slope, with access from multiple sides
  • Ceiling heights: 12 feet on upper level and 10 feet on lower level

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $295.0k $30.00
− Vacancy −$66.4k −$6.75
EGI $228.6k $23.25
− OpEx −$57.2k −$5.81
NOI $171.5k $17.44
9,834 SF · lease $30.00/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.45M
$2.14M – $2.86M (±1% cap)
NOI $171,480 @ 7.0% cap · market cap 5.91%
Second Best
no second resolved use
Theoretical Best
Office A
$3.57M
$3.13M – $4.17M (±1% cap)
NOI $250,059 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Magiloop (Bike/Boat/Book/etc) Store MCMC Auto Car Dealership Inventus LLC Computer & Electronic Repair

Suggested Use

Top Pick Dental Office Pharmacy Locksmith Pet Grooming Service (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,293
Businesses Nearby

Demographics for 76102, TX

13,236
Population
5,629
Households
2.4
Avg Household Size
36
Median Age
37%
College-Educated
86%
High-School Grad
4.5 sq mi
ZIP Area
2,941
Density / Sq Mi
$74,293
Median Household Income
$49,295
Median Earnings
$1,661
Median Rent
$338,700
Median Home Value

Market

Vacancy Rate% for Office in Fort Worth, TX

11.4% 2019
13.5% 2020
12.1% 2021
13.5% 2022
12.7% 2023
13.1% 2024
11.6% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Remodeled office building with two separate suites, each offering reception, private offices, and conference or collaboration space.
Where is this office units located?
The property is located at 1301 E Weatherford Street Fort Worth, TX.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Two separate suites with dedicated reception areas, private offices, and conference or collaboration space; Both levels function as ground level due to the natural slope, with access from multiple sides; Ceiling heights: 12 feet on upper level and 10 feet on lower level
More about this property
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